Month Stipend News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Would qualify for his $1,000 a month stipend. that is 234 billion per month. yank calls for 10% value added tax. or that to pay for all of this. everyone's thinking, all right, i'll take an extra grand. really, how realistic is this? and is this just wealth redistribution? >> it is wealth redistribution. the people who stand -- arguably to stand most from the social safety net that looks like this, or the people who are not benefiting from the social safety net now, which is higher income people, that's the main objection to a program like this, if it's truly universal, that means bill gates g...

Areas of the community. >> they are representing what pope francis is coming to the united states to call us to do and we have been answering that call for over 50 years. >> they live together in neighborhoods of the poor and around the world and on a $100 a month stipend. they set aside time to share with each other and prepare meals together. >> college is also about grades and door room and i just new i needed to do something for others. >> the volunteer core is coursing with this message. from the moment i arrived to the ones i left, the ones pope francis are speaking now are the same ones...

People who get pensions go out and spend that money and circulate it through the economy. there's some economic growth. eventually more people show up at your store to buy furniture. that's how the economy works. it's counter-stimulus to take this money, a trillion dollars out of the economy now. >> especially when folks are living on that margin, every additional dollar gets spent in rent or food or any of those other consumer items. >> that's right. when you talk about percentage of african-americans or latinos versus whites impacted by this, i think you have to think about the alternatives ...

and toothpicks, and then some people saying i don't want to try the cake because my mouth will get hurt. that's what is going on. >> this is something that we have been seeing over the last few weeks. is this really any different than the turmoil we have been witnessing? >> i think ali is spot on. you think back to just before the huge selloff and volatility last week, we had our own numbers that showed we had almost no growth. we have a new manufacturing number today, a regional manufacturing number that really hit investors hard. some analysts say it's a reliable number because it'...

They fully expect that to happen. the lawyer for at least one of the parents told me that they expect that their child will remain in the united states to complete their education here. remember, they are u.s. citizens. they were born here. >> absolutely. from the sight of russia, in he promises made for the returning russians? >> in court, the defendant said, no promises were made. however, one of them spoke up in court and did say that when they were meeting with a member of the russian consulate in the jail cell, they were told it was vicky polia, she said, if she went back to russia, free ...